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Mortgage Rates Market Analysis  for the Week of March 19, 2018.

March 19, 2018 By Rosangela dos Santos Leave a Comment

Mortgage Rates Market Analysis  for the Week of March 19, 2018.

It was a relatively quiet week last week for mortgage rates ahead of the Fed meeting on March 21.The primary surprise was a decline in retail sales, which was positive for mortgage rates, and rates finished last week slightly lower. Consumer spending accounts for about 70% of economic activity in the U.S., making the retail sales data a highly anticipated report each month. Following the Continue Reading

Filed Under: Real Estate Blog Tagged With: Economic History Of The United States, Economy, Existing Homes Sales, Federal Funds Rate, Federal Reserve Bank Of Atlanta, Federal Reserve System, Finance, Financial Services, Gross Domestic Product, Housing Start, Interest Rates, Last Week, Market Analysis, Money, Mortgage Loan, Mortgage Rate Market, Rate Mortgage, Rates Market, Reserve Banks, Retail Sales, Retail Sales Data, Subprime Mortgage Crisis

Freddie Mac: Mortgage rates exceed 4% for first time since July.

January 19, 2018 By Rosangela dos Santos Leave a Comment

Freddie Mac: Mortgage rates exceed 4% for first time since July.

Mortgage rates continued rising in the last week, eventually breaching 4% for the first time since last summer, according to Freddie Mac’s latest Primary Mortgage Market Survey. Freddie Mac’s report, which was released Thursday morning, shows that the 30-year fixed-rate mortgage rose to an average of 4.04% for the week ending Jan. 18, 2018. That continued a recent trend of mortgage rates Continue Reading

Filed Under: Great Real Estate Tagged With: Conventional Mortgages, Financial Services, Fixed Rate Mortgage, Freddie Mac, Money, Mortgage, Mortgage Interest Rates, Mortgage Marketing, Rate Mortgage, Subprime Mortgage Crisis

Southern California Home Sales Fall in January.

March 24, 2015 By Dominic & Hem-young deFazio Leave a Comment

Southern California Home Sales Fall in January.

Despite many promising factors leading into 2015, home sales in January fell sharply from December, a modest dip from a year earlier and the 14th month in the last 16 to post year-over-year declines. While a decline in sales is typical during the winter months, many experts were hopefully that the abnormally low mortgage rates would be enough to drive the market forward. Now many agents and Continue Reading

Filed Under: Great Real Estate Tagged With: California Homes Sale, California Sale, Economic History, Home Price Appreciation, Home Prices, Home Sale, Home Sales Fall, Homes For Sale In, Price Roses, Southern California Homes Sale, Subprime Mortgage Crisis

What’s Sold and For Sale in Pasadena Real Estate – September 2104.

October 20, 2014 By Dominic & Hem-young deFazio Leave a Comment

What’s Sold and For Sale in Pasadena Real Estate – September 2104.

Here is interesting news for home-buyers lusting after great real estate but finding credit standards onerous. Fannie Mae , Freddie Mac and mortgage lenders are nearing an agreement that could lower barriers and restrictions on borrowers with weak credit, a move that would expand access to home loans amid the sluggish housing recovery. The move by the mortgage-finance giants and their Continue Reading

Filed Under: Great Real Estate Tagged With: Economics, Fannie Mae, Freddie Mac, Holiday Season, Late-2000s Financial Crisis, Mortgage Loan, Pasadena Property, Pasadena Real Estate, Pending Sale, Real Estate, Residential Sales, Sale Property, Sales Numbers, September Sale, Subprime Crisis Impact Timeline, Subprime Mortgage Crisis, Track Moving

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